理智的人都会认为很多公司或多或少都在隐瞒他们惨重的损失。

Reasonable people thought that many firms were hiding severe losses.

youdao

而那些在泡沫形成后期进入市场的人，则会遭到最为惨重的损失。

Particularly those who entered the market late in the process suffer substantial losses.

youdao

上瘾者享受着一个特定的价值，其他事物的价值降为零，并带来惨重的损失。

The addicts goal assumes a fixed value, and the value of everything shrinks to zero, and with terrible costs.

youdao

Most of those who attempt to sell too late and buy too late and do both too often, incurring heavy expenses and developing too unsettled and speculative state of mind."

大多数试图晚卖或晚买的人,或者经常既晚卖又晚买的人会损失惨重,而且变得心神不定还特别喜欢投机

耶鲁公开课 - 金融市场课程节选

s not going in the future.-We are not going to get out of that, out of a lot of massive contraction. And massive contraction might cause some operations to perish. I knew some Anderson partners who were honest decent people who suffered terribly.

而且没有未来，-大规模缩减，And，it’,对我们来说没什么用处,而且会造成一些,行动的失败，我知道一些,诚实正直的安德森合伙人,损失惨重。

斯坦福公开课 - 经济学课程节选